Baldur Nordic ApS

CVR 44237261 · Private limited company (ApS) · Active · Very high risk

Baldur Nordic ApS is a Private limited company (ApS), founded on , based in Grenaa. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 2 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 369k and a net result of DKK 282k. CEO: Steen Gammelgaard Kristensen.

Bankruptcy risk for Baldur Nordic ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
44237261
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Rolshøjvej 1A
8500 Grenaa
Municipality
Norddjurs
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 100k
Auditor
Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed
Audit opted out
No

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio1.7%
Current ratio25%
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies2
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520252024
Gross profitDKK 1.2mDKK 1.1mDKK 181k
Net profitDKK 282kDKK 7,927DKK -21k
EquityDKK 369kDKK 87kDKK 79k
Total assetsDKK 9.0mDKK 5.1mDKK 5.0m
CashDKK 325kDKK 43k–
Short-term debtDKK 3.4mDKK 2.9m–
Tax owedDKK 102k––
Avg. employees31–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025227 Late
14 Aug 2023 – 30 Jun 2024106

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOSteen Gammelgaard KristensenCurrent
CEOSteen Gammelgaard Kristensen
Owner (100%)Holdingselskabet af 16. marts 2026 ApSCurrent
Owner (100%)Holdingselskabet 576302 ApS
AuditorDansk Revision Grenaa, Statsautoriseret revisionsvirksomhedCurrent
AuditorDansk Revision Grenaa, Statsautoriseret revisionsvirksomhed
FounderHoldingselskabet 576302 ApSCurrent

The CEOs' other companies

Steen Gammelgaard Kristensen – 9 other companies, of which 3 bankrupt

Address history (2 moves)

Rolshøjvej 1A, 8500 Grenaa
c/o Sommerlyst 85, 8500 Grenaa, Rolshøjvej 1A, 8500 Grenaa
Sommerlyst 85, 8500 Grenaa

Other companies at the same address

Questions and answers about Baldur Nordic ApS

Has Baldur Nordic ApS gone bankrupt?

No, Baldur Nordic ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Baldur Nordic ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Baldur Nordic ApS?

Steen Gammelgaard Kristensen is the CEO of Baldur Nordic ApS.

Who is the auditor of Baldur Nordic ApS?

Baldur Nordic ApS most recently used Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed.

When was Baldur Nordic ApS founded?

Baldur Nordic ApS was founded on 14 August 2023.

What is the equity of Baldur Nordic ApS?

Equity was DKK 369k according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.